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MSME Sector Gets Big Boost: Allocation Doubled; Custom Duty Rejig To Help Too

IPE Global | News | February 02, 2021 IST

MSME Sector Gets Big Boost: Allocation Doubled; Custom Duty Rejig To Help Too

With nearly 63 million MSMEs in India employing about 111 million people, the increased allocation will support more job creation, export promotion and hopefully meet the desirable goal of upping their GDP contribution to 40 per cent in the next 5 years.

 

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